Following a 86-11 vote in the Senate, the farm bill has received the go-ahead to move to conference between the House and Senate. This comes as welcome news to agriculture overall. With its bipartisan-friendly language, the Senate’s bill provides farmers and rural America with hope for agreement on the horizon.
“Thursday’s vote was an impressive show of support by the Senate that demonstrates their commitment to moving this bill through the process quickly,” said Ryan Stroschein of K·Coe Isom’s Federal Affairs team. “This bill has the potential to provide farmers with a valuable lifeline that can help protect them against both price and production volatility.”
Within the coming days and weeks as the House and Senate bills are debated and combined in the conference committee, the final farm bill language will take shape. “We will be keeping an eye on the language surrounding many provisions that could have a significant impact on farmers. Specifically, the differing language out of the two chambers in dealing with crop insurance and farm program eligibility,” adds Stroschein.
With the scheduled break due to the holiday week, lawmakers are expected to begin discussion immediately upon their return on July 9.
K·Coe Isom’s Federal Affairs team will continue to monitor and communicate key developments. If you have any questions about how this may impact your business, feel free to reach out to us.